Carlson Rezidor plans over 50 Park Inn hotels in India by 2024

Monday, November 10, 2014
l Source:
PTI

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"We will be having over 50 operational Park Inn by Radisson hotels by 2024. Of these, 5 hotels will be operational by the end of this year," Carlson Rezidor Hotel Group South Asia Chief Executive Officer Raj Rana said.

Global hospitality major Carlson Rezidor Hotel Group plans to open over 50 hotels under it's mid-scale brand Park Inn by Radisson in next ten years as it seeks to increase it's footprint in the country. The chain, which currently runs 73 operational hotels and has 37 hotels in various stages of development under brands Radisson Blu, Radisson, Park Plaza, Park Inn by Radisson and Country Inns & Suites By Carlson in India, will focus mostly on mid-scale hotels under management contract.

"We will be having over 50 operational Park Inn by Radisson hotels by 2024. Of these, 5 hotels will be operational by the end of this year," Carlson Rezidor Hotel Group South Asia Chief Executive Officer Raj Rana told PTI. Seven Park Inn hotels are already under development and the company continues to sign more hotels under the brand throughout the country to add to the pipeline to ensure growth and operating strength, he added. "While for North and Central India we have a partnership with the Bestech Group for Park Inn hotels. For South and other parts of India we are looking at different strategic partners. We also plan at growing organically," Rana said.

The company plans to open hotels across the brands that it has in India but the focus will be mainly on the mid-scale segment saying it has huge demand and significant potential. "Though we continue to add numbers to all our brands the focus is on midscale segment as there is a huge demand for this segment as more and more middle class population is travelling domestically," he added. On being asked about the probable locations for these hotels, Rana said: They would be in secondary and tertiary cities, tourist and religious destinations, state capitals and outskirts of metros."

The hospitality major is also looking at introducing its luxury brand Quorvus Collection and upscale brand Radisson Red in India. When asked about the investments and business model the company will follow for expansion in India, Rana said: "While most of the hotels will be under the management contract model, we are also open to selective franchising." Carlson Rezidor Hotel Group has a portfolio of more than 1,350 hotels in operation and under development with presence in over 100 countries. The Group owns brands such as Quorvus Collection, Radisson Blu, Radisson, Radisson Red, Park Plaza, Park Inn by Radisson and Country Inns & Suites By Carlson.